The most important events tonight will be the Federal Reserve's interest rate decision and Powell's speech.

Currently, the 4-hour technical chart shows that the RSI indicator has entered the overbought zone, which usually indicates that the market may face short-term correction pressure. However, it is worth noting that although the price encountered some resistance after reaching the top of the range, it has not clearly broken below the upward trend line.

In this context, relying solely on the RSI being overbought is not sufficient reason to short the market. This is because the market may still maintain strong momentum and continue to rise. Unless investors have positioned themselves ahead of time at the top of the range, blindly shorting in the current upward channel carries significant risk.

A more prudent strategy is to pay attention to the relationship between the price and the channel. When the price gradually approaches the bottom of the range or the lower channel, these positions often provide better entry opportunities and make it easier to set reasonable stop-loss points. Because when shorting at these positions, the stop-loss can be set at the lower lows, making the risk relatively controllable.

In summary, before the upward trend of the market shows a clear reversal, shorting at the top is highly risky, as the exact position of the top is often difficult to predict. Rational analysis and cautious operations are the key to long-term success.